[April 26, 2004] TJX Completes Rapid Deployment of Netezza Data Warehouse Appliance FRAMINGHAM, Mass. --(Business Wire)-- April 26, 2004 -- Netezza Corporation today announced that The TJX Companies, Inc. (NYSE: TJX), the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, has implemented the Netezza Performance Server(TM) (NPS(TM)) data warehouse appliance as a key component of its supply chain inventory system. The TJX Companies, with over $13 billion in revenues and over 2,000 retail locations worldwide, includes T.J. Maxx and Marshalls, the two largest off-price retailers in the United States. As the Company continues to experience steady growth, terabytes of data must be managed and analyzed. The enterprise-class, breakthrough NPS appliance provides TJX with exceptional performance for large, complex queries in its data warehouse and data mart repositories. The NPS system architecturally integrates servers, storage and a relational database into a single powerful, enterprise-class appliance created from the outset to process queries faster and enable complex analysis that was not previously possible because of large and fast-growing data sizes. This unprecedented analysis enables companies to harness information located in tens, even hundreds, of terabytes of data in order to lower costs, reduce risk and fraud, strengthen customer relationships and keep pace with ever-changing market trends. "Unsurpassed performance is just one chapter in the Netezza story. Customers such as TJX have also benefited from our strong technical support for rapid deployment, minimal system management requirements and simple scalability--all at an unrivaled total-cost-of-ownership," said Jit Saxena, co-founder and CEO of Netezza Corp. "Retailers today must analyze a tremendous volume of data to make informed decisions related to inventory management and customer service. Looking to the future, Netezza's ability to scale easily ensures that NPS users are properly positioned to accommodate both corporate growth and new data sources, such as RFID." Since its introduction one year ago, the NPS appliance has been chosen and deployed by leading companies in telecommunications, retail, the life sciences and other industries to power their business intelligence efforts. In addition to The TJX Companies, customers include: AT&T Wireless, Orange UK, Premier, Inc. and Caudwell Communications. About The TJX Companies The TJX Companies, Inc. is the leading off-price retailer of apparel and home fashions in the U.S. and worldwide. The Company operates 748 T.J. Maxx, 678 Marshalls, 184 HomeGoods, and 100 A.J. Wright stores, as well as 31 Bob's Stores, in the United States. In Canada, the Company operates 162 Winners and 30 HomeSense stores, and in Europe, 147 T.K. Maxx stores. TJX's press releases and financial information are also available on the Internet at www.tjx.com. About Netezza Corporation Netezza is a fast-growing provider of enterprise-class data warehouse appliances that deliver breakthrough performance and ease-of-use at a fraction of the cost of traditional data warehouses. The Netezza Performance Server(TM) (NPS(TM)) system enables Fortune 1000 customers with terabytes of dynamic, detailed data to dramatically simplify even the most complex Business Intelligence (BI) initiatives. By architecturally integrating database, server and storage within a single appliance, the NPS system delivers 10 to 50 times the performance at half the cost of existing systems. The NPS appliance is being used by data-intensive organizations in telecommunications, financial services, retail, the life sciences, government and other markets to enable faster, more sophisticated analysis while allowing companies to leverage their existing infrastructure. Founded in 2000 and based in Framingham, Mass., the Company has raised more than $53M from leading venture capital firms, including Matrix Partners, Charles River Ventures, Battery Ventures, Orange Ventures and Sequoia Capital. Netezza, the Netezza logo, NPS, Netezza Performance Server, Intelligent Query Streaming, Asymmetric Massively Parallel Processing, AMPP and SQL-BLAST are trademarks or registered trademarks of Netezza Corporation in the U.S. and/or other countries. All rights reserved. All other company, brand and product names contained herein may be trademarks or registered trademarks of their respective holders. [ Back To TMCnet.com's Homepage ]